3 Stocks Making Moves - June 2026

Deep dives at https://www.overlookedalpha.com Ciena sells systems that transmit data over fibre-optic cables and the company just reported a truly blowout quarter. Revenue grew 40% to 1.57 billion, adjusted earnings quadrupled and the company raised guidance again forecasting 6.3 billion of sales for this year. Ciena’s results are being driven by the AI data centre buildout which requires enormous amounts of high bandwidth optical connectivity between servers, clusters and regions. The problem for investors is that Ciena has already more than doubled this year taking the company’s market value to 75 billion dollars. So based on guidance for this year the company is trading at 12 times sales and 63 times adjusted operating profit. ABOUT ME Joe is the original founder of 3-minute Breakdowns and editor for Overlooked Alpha, the number one newsletter for overlooked investing ideas and stock market analysis. Joe evaluates companies from a business-first perspective, searching for things that the market has got wrong and waiting for the 'fat pitch'. LINKS My website: https://www.3minutebreakdowns.com/ Koyfin charts: https://www.koyfin.com/affiliate/overlooked-alpha/?via=3mb TikTok: https://www.tiktok.com/@overlookedalpha X: https://x.com/OverlookedAlpha DISCLAIMER & DISCLOSURE This content is for educational and entertainment purposes only. 3-Minute Breakdowns is not a registered investment advisor and does not provide financial recommendations (only opinions). The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal. The author reserves the right to buy and sell or change his position in a particular stock at any time. This description contains affiliate links that allow you to find the items that I personally use and recommend. Thank you for your support.